Search For "department of financial services"
PNB scam: PNB, Allahabad bank asked to divest accused's powers
Updated : 8 years, 2 months ago IST
New Delhi [India], May 14 (ANI): Rajeev Kumar, Secretary, Department of Financial Services (DFS), Ministry of Finance on Monday said that they have instructed the directors of the Punjab National Bank (PNB) and the Allahabad bank to divest all the powers of those who are accused in the mu
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Passengers not to be charged for MDR booking of railway tickets
Updated : 8 years, 4 months ago IST
New Delhi [India], Mar. 2 (ANI): The Indian Railways announced that Merchant Discount Rate (MDR) charges will not be levied on passengers for booking railway tickets (at the railway ticketing counters as well as through IRCTC ticketing website) on payment made through debit cards for a trans
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NPA accounts above Rs 50 Cr to be probed for fraud
Updated : 8 years, 4 months ago IST
New Delhi [India], Feb. 27 (ANI): In the wake of the recent crackdown on bank fraud cases, Rajeev Kumar, Secretary in the Department of Financial Services on Tuesday informed that all the Non-performing asset (NPA) accounts above Rs 50 crore will be examined for fraud.
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Rs.11Cr Agri credit target achievable next fiscal: Jaitley
Updated : 8 years, 4 months ago IST
New Delhi [India], Feb 27 (ANI): Union Finance Minister Arun Jaitley opined that the agriculture credit flow target of Rs.11 lakh crore for the Financial Year 2018-19 was achievable by the banking sector.
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Technology essential to implement reforms: Rajeev Kumar
Updated : 8 years, 5 months ago IST
New Delhi [India], Jan 24 (ANI): Department of Financial Services (DFS) Secretary Rajeev Kumar on Wednesday said that technology needs to be used extensively to implement the banking reforms for a fast, clean, and transparent economy.
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No question of closing down any bank, says DFS Secretary
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 22 (ANI): There is no question of closing down any bank, rather the government is looking to strengthen the Public Sector Banks (PSB), Rajeev Kumar, Secretary Department of Financial Services (DFS), Ministry of Finance said on Friday.
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MSME, digitisation discussed at 'PSB Manthan': DFS Secretary
Updated : 8 years, 8 months ago IST
Gurugram (Haryana) [India], November 12 (ANI): Department of Financial Services (DFS) Secretary, Rajiv Kumar, on Sunday said that MSME and digitisation were important factors discussed at 'PSB Manthan'.
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Rajnath Singh reviews measures to check cybercrime in financial sector
Updated : 8 years, 9 months ago IST
New Delhi [India], September 19 (ANI): Union Home Minister Rajnath Singh on Tuesday chaired a meeting of all concerned agencies and representatives of certain states to review the measures being taken to arrest the growing trend of cybercrime in the financial sector.
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New York regulator imposes $225 mn fine on HBL Pakistan
Updated : 8 years, 10 months ago IST
Karachi [Pakistan], Sep 8 (ANI): The New York Department of Financial Services (DFS) on Thursday announced a fine of USD 225 million on Pakistan's Habib Bank Limited (HBL) and its New York branch for failure to comply with New York laws and regulations designed illicit financial transaction
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